Showing 1 - 10 of 104
The Great Recession and the widespread adoption of fiscal austerity policies have heightened concern about inequality and how well tax-benefit systems redistribute. We examine how the distribution of income in the EU countries which were hardest hit during the recession evolved over this time....
Persistent link: https://www.econbiz.de/10012012789
Tax-benefit policies affect household incomes through two main channels: discretionary policy changes and automatic stabilisers. Although a large body of literature has studied the impact of tax-benefit policy changes on incomes, little is known about the link between automatic stabilisers and...
Persistent link: https://www.econbiz.de/10012012795
We summarise and decompose changes in the household disposable income distribution in 2007-2011 across 27 EU countries to study the impact of the Great Recession on household incomes and the key factors contributing to it. Using microsimulation techniques and applying the EU tax-benefit model...
Persistent link: https://www.econbiz.de/10012012819
countries. We use the standard microsimulation-based decomposition method, separating further the effect of structural policy …
Persistent link: https://www.econbiz.de/10012389707
Over the past years, the number of university graduates increased at an unprecedented rate in Great Britain. We analyse how this higher education (HE) expansion affected inequality in household net incomes in the 2000s. We show that, all else being equal, education composition changes led to...
Persistent link: https://www.econbiz.de/10012389718
Western countries' income tax systems exempt the return from investing in owner-occupied housing. Returns from other investments are instead taxed, thus distorting households' portfolio choices, although it is argued that housing property taxation might act as a counterbalance. Based on data...
Persistent link: https://www.econbiz.de/10012389719
Imputed rental income of homeowners is tax exempt in most countries, despite the long-standing arguments recommending its inclusion in the tax base, on both equity and efficiency grounds. The current fiscal crisis revived interest towards this form of taxation. The paper investigates the fiscal...
Persistent link: https://www.econbiz.de/10010288293
This paper examines the impact on inequality and poverty of the economic crisis in four European countries, namely France, Germany, the UK and Ireland, and the contribution of tax and benefit policy changes. The period examined, 2008 to 2010, was one of great economic turmoil, yet it is unclear...
Persistent link: https://www.econbiz.de/10010331180
typically complex nature. We use a decomposition technique to isolate the effect of projected demographic change on income …
Persistent link: https://www.econbiz.de/10012012788
composition, employment level, etc.). Then, the decomposition helps to extract an absolute measure of the impact of tax … countries. Finally, the full decomposition allows quantifying the relative role of policy changes compared to all other factors …. We provide an illustration for France and Ireland and check the sensitivity of the results to the decomposition order. …
Persistent link: https://www.econbiz.de/10010291237